SIE: 6.4. Exemptions From The SEC Registration Process

Taken from our SIE Online Guide

6.4. Exemptions from the SEC Registration Process

While most securities sold in the U.S. must be registered with the SEC, the Securities Act of 1933 exempts certain kinds of securities from registration. Examples of exempt securities are:

• U.S. Treasuries
• Municipal securities
• Securities issued or guaranteed by a federal agency (CMOs and MBSs)
• Securities issued by a nonprofit (including church bonds)
• Commercial paper (debt securities that mature in under nine months)
• Bankers’ acceptances (debt securities that mature in under nine months)
• Bank securities (not including bank holding co

+ Read More

More SIE Info

What are people saying?

Create an Account

Since you're reading about SIE: 6.4. Exemptions From The SEC Registration Process, you might also be interested in:

Series 6 - 4.3.2. Using Losses to Offset Gains

Series 28 - Summary: Net Capital

Series 6 - Exercise

Series 65 - Income Bonds

Series 6 - 5.1.7.2. Capital Gains on the Sale of Mutual Fund Shares

Series 27 - Special Purpose Accounts

Series 66 - 9.4.10 Outside Business Activities

Series 7 - 11.1.1. Approval and Recordkeeping

Series 79 - Chapter 12 Practice Questions

Series 7 - 13.3.3.1 The Taping Rule

Series 14 - Exercise

Series 6 - 4.3.10.1. Premium Bonds

Series 50 - Liquidity Risk

Series 7 - 2.3. Maturity Structure

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

PASSED SIE ON MY FIRST TRY!! Initially started with a competitor but I was referred to study through Solomon instead. After comparing the two, I stuck to Solomon for 6 weeks straight. The material and practice q’s gave me a better understanding and helped me prepare for the actual exam. Thank you!!

Gelyn Rice, Allstate, Los Angeles CA

I only used the exam simulator and it was the best decision I made! I read a different textbook and used Solomon solely for test prep questions. I promise you the $70 or so this cost is 100% worth it. Every question that I got on my exam (May 2020) was related to all the questions asked in the Solomon exam simulator. If you are willing to put in the work and take all of the chapter quizzes and then take 5 each of the time/not timed exams you will pass. Another good thing is that you can download their app and take exams on your phone - I found this very useful when I didn't want to always be on my laptop all day.

Nick Sciortino, Barrington, NJ

Solomon's study materials and practice exam helped prepare me quickly and made me confident going into the SIE exam. I'm happy to have used their services and highly recommend their products for the SIE exam.

Kevin Ramani. Boston, MA

A more recent update after taking my Series 7 exam: Within one year of joining the financial industry, Solomon materials have gotten me a 100%, 4 for 4 pass rate with the SIE, S6, 63 and S7 all completed within 10 months. Once again, the materials and practice tests prepared me for the S7 exam better than I could've imagined. I will continue to refer people to Solomon, as the material, customer service, and whole experience has been unmatched.

Alex Coyne, Northwestern Mutual. Pensacola, FL

What an excellent resource! I passed my SIE Exam on my first try and Solomon Exam Prep did an excellent job preparing me for the test. I would highly recommend purchasing the study guide, video lectures, and the exam simulator. The exam simulator is especially helpful. As long as you are scoring consistently in the mid to high seventies on the timed practice exams, you will have no problem with the actual exam. Thank you again to Solomon!

Carter Spearry, Merrill Lynch. Rocky River, OH

I'm not the best test taker. Solomon changed that. I was struggling on the quizzes and practice test. However, I passed the SIE on the first try. Took me less than one hour to complete. I felt very prepared.

Lamar Barnes, Washington D.C.